Who Is Canada Pro Deposit?

The Canada PRO Deposit you're seeing in your bank statement means you've received tax credits from the Ontario Trillium Benefit. The Ontario Trillium Benefit consists of three credits that each have their own eligibility requirements and max credit amounts.

What does Canada Pro Pro mean?

Canada Pro is a deposit made to qualified Ontario and Alberta residents. Depending on where you reside, receiving such a deposit means that you're qualified for OTB or ACFB.

What is Canada Pro deposit in my bank?

Canada Pro deposit is a monthly, quarterly or annual payment from CRA for Ontario Trillium Benefit (OTB) for Ontario residents or Alberta Child and Family Benefit (ACFB) for Alberta residents.

Robert Thorne

Robert Thorne

Automotive & Future Transportation Editor

Robert Thorne covers electric vehicle innovations, autonomous driving systems, global mobility trends, and automotive engineering developments.